Obama appoints Sharia finance specialist as White House fellow

And the stealth jihad advances apace. “White House welcomes Shariah finance specialist: Obama selects Muslim expert in Islamic transactions as fellow,” by Chelsea Schilling for WorldNetDaily, June 25 (thanks to all who sent this in):

The Obama administration has announced its appointment of 13 White House fellows – and the first person featured on its short list is a Muslim attorney who specializes in Shariah-compliant transactions….

White House fellows spend a year as full-time, paid assistants to senior White House staff, the vice president, Cabinet secretaries and senior administration officials.

Samar Ali of Waverly, Tenn., is the first name appearing on the White House list. She is an associate with the law firm Hogan Lovells – a firm that claims to have advised on more than 200 Islamic finance transactions with an aggregate deal value in excess of $40 billion.

According to Ali’s biography posted on the White House website, “She is responsible for counseling clients on mergers & acquisitions, cross-border transactions, Shariah-compliant transactions, project finance and international business matters. During her time with Hogan Lovells, she has been a founding member of the firm’s Abu Dhabi office.”

Hogan Lovells lists Ali’s experience “advising a Middle Eastern university in the potential establishment of a Foreign Aid Conventional and Shariah Compliant Student Loan Program and advising a Middle Eastern client in relation to a U.S. government subcontract matter.”

“Our team members are at the forefront of developments in the Islamic finance industry,” Hogan Lovells boasts. “We help set standards for the sector. We have also advised on numerous first-of-their-kind transactions, such as the first convertible Sukuk, the first equity-linked Sukuk, the first Shariah-compliant securitization, the first international Sukuk al-mudaraba and Sukuk al-musharaka, the first Sukuk buyback and the first Multilateral Investment Guarantee Agency guaranteed Islamic project financing.”

Ali also clerked for Judge Gilbert S. Merritt of the U.S. Court of Appeals for the Sixth Circuit and Judge Edwin Cameron, now of the Constitutional Court of South Africa.

Promoting Islam and Shariah

The White House notes that Ali also led the YMCA Israeli-Palestinian Modern Voices for Progress Program and is a founding member of the first U.S. Delegation to the World Islamic Economic Forum. Ali was listed as a member of the British delegation to the World Islamic Economic Forum in 2009 and as a U.S. delegate in 2010.

Shariah Finance Watch blog noted, “[I]t was at the World Islamic Economic Forum where key leaders declared Shariah finance to be “dawa” (missionary) activity to promote Islam and Shariah.”

In fact, the president of Indonesia, H. Susilo Bambang Yudhoyono, delivered a March 2, 2009, keynote address to Islamic leaders at the World Islamic Economic Forum in Jakarta during which he called for Islamic banks to do “missionary work in the Western world.”

“Islamic banking should now be able to take a leadership position in the banking world,” he said. “Islamic banks have been much less affected by the financial meltdown than the conventional banks – for the obvious reason that Shariah banks do not indulge in investing in toxic assets and in leveraged funds. They are geared to supporting the real economy.”

He added, “Islamic bankers should therefore do some missionary work in the Western world to promote the concept of Shariah banking, for which many in the West are more than ready now.” […]

In his July 2008 essay, “Financial Jihad: What Americans Need to Know,” Vice President Christopher Holton of the Center for Security Policy wrote, “America is losing the financial war on terror because Wall Street is embracing a subversive enemy ideology on one hand and providing corporate life support to state sponsors of terrorism on the other hand.”

Holton referred to Islamic finance, or “Shariah-Compliant Finance”, as a “modern-day Trojan horse” infiltrating the U.S. He said it poses a threat to the U.S. because it seeks to legitimize Shariah – a man-made medieval doctrine that regulates every aspect of life for Muslims – and could ultimately change American life and laws….

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